Economic Development Specialist Salary

Economic Development Specialists in the United States pull down an average of $48K per year. Most workers in this position report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. Women make up a slight majority of Economic Development Specialists (52 percent) survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$32,134 - $70,189
$32K
$48K
$70K
MEDIAN: $47,967
10%
50%
90%

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$16.42 - $27.79
$16
$20
$28
MEDIAN: $19.57
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$32,134 - $70,189  
   
Bonus
$0.00 - $3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,740 - $68,935  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 78
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$16.42 - $27.79  
   
Overtime
$15.39  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$0.00 - $3,000  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,740 - $68,935  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 16

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Economic Development Specialist

  • Help individuals and companies achieve financial stability, business and economic growth, and other related economic opportunity goals.
  • Reach out to potential clients and track and report on their outcomes.
  • Develop strong knowledge of different resources that will help clients, such as various educational agencies; employment, health, and counseling services; and rules and regulations for community development projects.

Economic Development Specialist Job Listings

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Pay by Experience Level for Economic Development Specialist

Pay by Experience for an Economic Development Specialist has a positive trend. An entry-level Economic Development Specialist with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 70 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Economic Development Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 18 salaries. An experienced Economic Development Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $42,000 based on 11 salaries. An Economic Development Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $85,000 based on 7 salaries.

Related Job Salaries

Key Stats for Economic Development Specialist

Gender

Female
52 %
Male
48 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
Less than 1 year
5%
1-4 years
61%
5-9 years
19%
10-19 years
10%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Economic Development Specialist Salaries

Late-Career
▲82%

Mid-Career
▲1%

National Average
$47,000

▼3%

Experienced
▼11%

Skills That Affect Economic Development Specialist Salaries

Government Grants
▲14%


Project Management
▼0%

National Average
$47,000

Grant Writing
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
5%
1-4 years
61%
5-9 years
19%
10-19 years
10%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 76%
vision benefits
Vision: 62%
no benefits
None: 6%
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